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Eonx Technologies (XCNQ:EONX) Debt-to-EBITDA : -0.79 (As of Dec. 2023)


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What is Eonx Technologies Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Eonx Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.10 Mil. Eonx Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$6.93 Mil. Eonx Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-8.86 Mil. Eonx Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.79.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Eonx Technologies's Debt-to-EBITDA or its related term are showing as below:

XCNQ:EONX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.44   Med: -1.43   Max: 3.43
Current: -0.91

During the past 4 years, the highest Debt-to-EBITDA Ratio of Eonx Technologies was 3.43. The lowest was -2.44. And the median was -1.43.

XCNQ:EONX's Debt-to-EBITDA is ranked worse than
100% of 1608 companies
in the Software industry
Industry Median: 1.06 vs XCNQ:EONX: -0.91

Eonx Technologies Debt-to-EBITDA Historical Data

The historical data trend for Eonx Technologies's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eonx Technologies Debt-to-EBITDA Chart

Eonx Technologies Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
3.43 -2.44 -1.05 -1.81

Eonx Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.96 -0.73 -0.85 -1.73 -0.79

Competitive Comparison of Eonx Technologies's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Eonx Technologies's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eonx Technologies's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Eonx Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eonx Technologies's Debt-to-EBITDA falls into.



Eonx Technologies Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Eonx Technologies's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.424 + 6.237) / -4.234
=-1.81

Eonx Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.099 + 6.933) / -8.864
=-0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Eonx Technologies  (XCNQ:EONX) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Eonx Technologies Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Eonx Technologies's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Eonx Technologies (XCNQ:EONX) Business Description

Traded in Other Exchanges
N/A
Address
1183 Toorak Road, Camberwell, VIC, AUS, 3124
Eonx Technologies Inc is a financial technology company. The company is engaged in developing and marketing a suite of financial technology products including the payment processor, e-wallets, identity and security for Know Your Customer (KYC) and Anti Money Laundering (AML), loyalty points solutions, and an e-commerce store.
Executives
Accelerative Investments Pty Ltd Director

Eonx Technologies (XCNQ:EONX) Headlines

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